-
In need of help! - Made big, big tax mistakes
Hi all, Well... I've been fretting about some mistakes I've made with my tax. In fact it's been keeping me awake with worry but I've fallen into the trap of running away from it and hoping it goes away. I started with working in a supermarket back in May 2004. While I was there I took on another job which I left after a…
-
Professional Bodies & Tax Allowances
I'm going through my past six years taxes claiming back laundry costs for uniforms and have noticed a lot of mistakes with calculations and tax paid. I used to work as an outdoor instructor and in order to use my paddling qualifications I had to be a member of the British Canoe Union at a cost of £35 a year. Can I claim…
-
Capital Gains Tax
I seriously need some advise. When my mother died 17 years ago she left her house in trust to my step father for his life and then in trust for myself and brother. The house was valued then at 40,000. My step father is now giving the house to us on his 65 birthday rather than us inheriting it when he dies and we have been…
-
VAT charged at 17.5% on recent purchase
Hi all, I recently bought some perfume online from a company in the UK. The total price quoted (including delivery) was £29.99 (no tax was shown). However, when the invoice came through, VAT was charged at 17.5%, not 15%. Am I entitled to a part refund because the VAT is at 17.5%? Or, as I was happy to pay the £29.99…
-
PAYE tax advice
Hi, I am a long term reader of the boards have registered today as I can't find the answer here already. Am hoping someone here can give some advice, as having spent two days trying to get through to my local tax office and being told they are too busy to take my call is not fun. I work two jobs, one full time, 2nd job is…
-
Self Assesment
Quick question..(This is my first year of being self employed)! I work as a freelance interpreter so when I invoice clients, I charge them £0.25 a mile also. Therefore, when filling in my Tax return, do I have to include the money earnt from mileage in my turnover? Which means i get it taxed in the end? Or should I just…
-
Father's contribution to first home purchase: Tax implications
I wonder whether someone can point me towards a source of information to address the following query. My father (a Sri Lankan National) is keen to contribute a substantial sum towards my first home purchase. He intends to transfer this money into my UK current account from his foreign exchange account in Sri Lanka. Will I…
-
Required to have home office
I don't think this is allowable here, but thought I would check as you all seem so knowledgable! Only reason I ask, is that when we had to have a home office back in Canada, there were certain tax deductions we could make. If your head office is located at the other end of the country to where you work, and you are…
-
Tax on savings interest query
I have a couple of queries, and would be grateful if anyone can help. 1. I took out a fixed rate bond in May 2008. At the time, I was a taxpayer, however since April '09 I have registered as a non-taxpayer. The bond is due to mature shortly and the interest is paid upon maturity. Does that mean that I will not be liable to…
-
Tax Q: Working in the UK for a USA company
If I live in the UK, and do some work over the internet for a USA company, do I have to pay tax on my earnings? And if so, how, and to who?
-
Tax query 1 - home office rebate confusion?
Hi, can anyone help? Having a couple of on-going communications with tax office and I'm not quite sure what to do next! Work from home rebate. Following advice from someone on here (thanks) I contacted the tax office claiming a rebate on working from home for last couple of years. Sent off all contracts and offers of…
-
Should I be doing a self assessment?
Hi, I'm after some advise. I am a higher rate tax payer (have been for 5 years) and have never filled in a self assessment form. All my income is from 1 employer and tax is taken on PAYE. Our savings offset our mortgage so there is no extra income from interest. Some of my colleagues have had money back from the tax man…
-
OAP Tax Question
My mother ( OAP ) has just got off the phone to me. She's been going on about tax deducted from her interest on savings. She seems to be convinced that she can earn 10K in interest plus her state pension, and pay no tax. She says she's talked to someone at the CAB who's told her this and she's going to ask for a form from…
-
Capital Gains tax avoidance
I own a house that I have rented out for the last 10 years or so, but just recently the landlord to one side of the property has decided to rent his house to drug addicts, one of which has been in prison 4 times recently. My tennants have two young children and do not want to live there anymore because of the new…
-
Claiming tax rebate without paperwork?
Hello This is my first time posting here for advice although I've posted a couple of times elsewhere on the site. I was wondering if anyone could help. I have a feeling I may be due back income tax for year 2006/2007. Basically at the start of that tax year I was in receipt of Statutory Maternity Pay of around £106 pw up…
-
Tax Refunds websites
I need to know who to go with to get back a tax refund I know is due to me for 08/09, I also think I have been paying too much tax for many years. Which website is best as there seems to be so many with no win no fee clauses. I have contacted tax office so many times and they tell me they are only working on February for…
-
Income limit for age related allowances question
I'm looking for thoughts on this one and I'll try and explain as easily as I can. My mother is 80 and a widow and therefore for the tax year 08/09 received a personal allowance of £9180. On completing her tax return recently it came to light that her bank (Lloyds) did not credit her savings account with annual interest on…
-
Tax advice please
My uncle is 53. He doesn't work and he doesn't claim Jobseekers Allowance or any other benefits of any kind. His income is a small occupational pension that amounts to £5,300 per annum and no tax is deducted from it. He has savings and tops up his occupational pension with the interest it generates which amounts to £10,000…
-
Recieved a P60U from job centre
I was a self employed sub contractor but have been out of work and been on the jobseekers for over 12 months now, i was confused as to whether i would still be required to fill in a self assessment form for a tax rebate and today i recieved a P60U. Im not completly sure if this form just states how much i've been given in…
-
Basic tax allowance for couple
This is a very basic question, What is the tax allowance for a young family? I thought it was around 7K, but what is it exactly for both of us? If my wife is earning about 7K and I have about 10K coming in do I pay tax on 100% of my earnings because she has used up all our allowance? Also I know this is obvious but would…